XML 70 R68.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2011
Dec. 31, 2010
Sep. 30, 2010
Dec. 31, 2009
Condensed consolidating financial statements    
Percentage of holding in subsidiaries (as a percent)100.00%   
Current assets:    
Cash and cash equivalents$ 453[1]$ 966[1]$ 1,003$ 1,745
Restricted cash6[1]7[1]  
Accounts and notes receivable, net1,762[1]1,413[1]  
Accounts receivable from affiliates1415  
Inventories1,687[1]1,396[1]  
Prepaid expenses5846  
Deferred income taxes21  
Other current assets292[1]164[1]  
Total current assets4,2744,008  
Property, plant and equipment, net3,659[1]3,605[1]  
Investment in unconsolidated affiliates206234  
Intangible assets, net99[1]105[1]  
Goodwill11094  
Deferred income taxes185166  
Notes receivable from affiliates67  
Other noncurrent assets469[1]495[1]  
Total assets9,0088,714  
Current liabilities:    
Accounts payable941[1]842[1]  
Accounts payable to affiliates3645  
Accrued liabilities732[1]628[1]  
Deferred income taxes1919  
Current portion of debt230[1]519[1]  
Total current liabilities1,9582,053  
Long-term debt3,847[1]3,627[1]  
Notes payable to affiliates44  
Deferred income taxes324314  
Other noncurrent liabilities941[1]866[1]  
Total liabilities7,0746,864  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Accumulated deficit(1,029)(1,090)  
Accumulated other comprehensive (loss) income(337)(297)  
Noncontrolling interests in subsidiaries13460  
Total liabilities and equity9,0088,714  
Parent Company
    
Current assets:    
Cash and cash equivalents6220319688
Accounts and notes receivable, net2517  
Accounts receivable from affiliates1,3201,275  
Inventories10078  
Prepaid expenses1011  
Deferred income taxes55  
Other current assets37   
Total current assets1,5031,606  
Property, plant and equipment, net398417  
Investment in unconsolidated affiliates5,4315,018  
Intangible assets, net4762  
Goodwill(17)(17)  
Deferred income taxes42(9)  
Notes receivable from affiliates5251  
Other noncurrent assets7373  
Total assets7,5297,201  
Current liabilities:    
Accounts payable6642  
Accounts payable to affiliates2,2011,892  
Accrued liabilities91102  
Note payable to affiliate100100  
Current portion of debt43114  
Total current liabilities2,5012,250  
Long-term debt3,2193,320  
Notes payable to affiliates540435  
Deferred income taxes 8  
Other noncurrent liabilities157160  
Total liabilities6,4176,173  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity3,0763,049  
Accumulated deficit(1,574)(1,667)  
Accumulated other comprehensive (loss) income(390)(354)  
Total Huntsman International LLC members' equity1,1121,028  
Total equity1,1121,028  
Total liabilities and equity7,5297,201  
Guarantors
    
Current assets:    
Cash and cash equivalents29924
Accounts and notes receivable, net147112  
Accounts receivable from affiliates3,0012,530  
Inventories307240  
Prepaid expenses106  
Other current assets83  
Total current assets3,4752,900  
Property, plant and equipment, net859881  
Investment in unconsolidated affiliates1,5191,403  
Intangible assets, net33  
Goodwill8484  
Notes receivable from affiliates950930  
Other noncurrent assets143169  
Total assets7,0336,370  
Current liabilities:    
Accounts payable243212  
Accounts payable to affiliates903860  
Accrued liabilities13377  
Deferred income taxes5555  
Total current liabilities1,3341,204  
Deferred income taxes91(28)  
Other noncurrent liabilities137138  
Total liabilities1,5621,314  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity4,7314,764  
Accumulated deficit(1,001)(1,308)  
Accumulated other comprehensive (loss) income1,7411,600  
Total Huntsman International LLC members' equity5,4715,056  
Total equity5,4715,056  
Total liabilities and equity7,0336,370  
Non-guarantors
    
Current assets:    
Cash and cash equivalents226332275207
Restricted cash67  
Accounts and notes receivable, net1,5901,284  
Accounts receivable from affiliates9379  
Inventories1,2841,089  
Prepaid expenses5742  
Deferred income taxes4444  
Other current assets279160  
Total current assets3,5793,037  
Property, plant and equipment, net2,2822,169  
Investment in unconsolidated affiliates145172  
Intangible assets, net5542  
Goodwill4327  
Deferred income taxes171161  
Notes receivable from affiliates67  
Other noncurrent assets252253  
Total assets6,5335,868  
Current liabilities:    
Accounts payable631586  
Accounts payable to affiliates1,2261,091  
Accrued liabilities562464  
Deferred income taxes1919  
Current portion of debt187405  
Total current liabilities2,6252,565  
Long-term debt628307  
Notes payable to affiliates1,006985  
Deferred income taxes7886  
Other noncurrent liabilities640555  
Total liabilities4,9774,498  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity2,3592,217  
Subsidiary preferred stock11  
Accumulated deficit(495)(549)  
Accumulated other comprehensive (loss) income(395)(318)  
Total Huntsman International LLC members' equity1,4701,351  
Noncontrolling interests in subsidiaries8619  
Total equity1,5561,370  
Total liabilities and equity6,5335,868  
Eliminations.
    
Current assets:    
Accounts receivable from affiliates(4,283)(3,784)  
Inventories(4)(11)  
Prepaid expenses(20)(14)  
Deferred income taxes(9)(9)  
Other current assets(37)(3)  
Total current assets(4,353)(3,821)  
Property, plant and equipment, net22  
Investment in unconsolidated affiliates(6,889)(6,359)  
Intangible assets, net(4)   
Deferred income taxes(15)27  
Notes receivable from affiliates(1,002)(981)  
Total assets(12,261)(11,132)  
Current liabilities:    
Accounts payable to affiliates(4,283)(3,784)  
Accrued liabilities(57)(17)  
Deferred income taxes(11)(11)  
Total current liabilities(4,351)(3,812)  
Notes payable to affiliates(1,002)(981)  
Deferred income taxes(14)28  
Other noncurrent liabilities(1)(1)  
Total liabilities(5,368)(4,766)  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity(7,090)(6,981)  
Subsidiary preferred stock(1)(1)  
Accumulated deficit1,4961,857  
Accumulated other comprehensive (loss) income(1,346)(1,282)  
Total Huntsman International LLC members' equity(6,941)(6,407)  
Noncontrolling interests in subsidiaries4841  
Total equity(6,893)(6,366)  
Total liabilities and equity(12,261)(11,132)  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Current assets:    
Cash and cash equivalents234561[1]603919
Restricted cash6[1]7[1]  
Accounts and notes receivable, net1,762[1]1,413[1]  
Accounts receivable from affiliates131100  
Inventories1,687[1]1,396[1]  
Prepaid expenses5745  
Deferred income taxes4040  
Other current assets287[1]160[1]  
Total current assets4,2043,722  
Property, plant and equipment, net3,541[1]3,469[1]  
Investment in unconsolidated affiliates206234  
Intangible assets, net101[1]107[1]  
Goodwill11094  
Deferred income taxes198179  
Notes receivable from affiliates67  
Other noncurrent assets468[1]495[1]  
Total assets8,8348,307  
Current liabilities:    
Accounts payable940[1]840[1]  
Accounts payable to affiliates4759  
Accrued liabilities729[1]626[1]  
Deferred income taxes6363  
Note payable to affiliate100100  
Current portion of debt230[1]519[1]  
Total current liabilities2,1092,207  
Long-term debt3,847[1]3,627[1]  
Notes payable to affiliates544439  
Deferred income taxes15594  
Other noncurrent liabilities933[1]852[1]  
Total liabilities7,5887,219  
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity3,0763,049  
Accumulated deficit(1,574)(1,667)  
Accumulated other comprehensive (loss) income(390)(354)  
Total Huntsman International LLC members' equity1,1121,028  
Noncontrolling interests in subsidiaries13460  
Total equity1,2461,0881,097847
Total liabilities and equity$ 8,834$ 8,307  
[1]At September 30, 2011 and December 31, 2010, respectively, $61 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $35 and $8 of accounts and notes receivable (net), $53 and $45 of inventories, $2 each of other current assets, $412 and $275 of property, plant and equipment (net), $24 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $62 and $56 of accounts payable, $19 and $16 of accrued liabilities, $27 and $15 of current portion of debt, $279 and $185 of long-term debt, and $97 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."